Global Logistics Outsourcing Industry valued approximately USD xx million in 2019 is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2020-2026. The Logistics Outsourcing Industry is developing and expanding at a significant pace considering the global scenario. The Logistics outsourcing Is referred as third-party logistics which is a process or operation of sub-contracting the industrial functions which includes cross-docking, inventory keeping, warehousing & transportation to a supply chain management provider. The supply chain management providers consists raw material suppliers, distributors along with other value-added service providers. These services are mainly integrated and utilized together to offer end-user convenience. The decision for outsourcing logistics by a parent company is generally dependent on the factors such as company size, complication of logistics along with relative economic benefits of outsourcing. The Logistics Outsourcing Industry is mainly driven owing to escalating demand & need of on-time delivery, development in inter-regional logistics, presence of virtual organizations, strong IT infrastructural support and time proportional economy considering the global scenario.
The regional analysis of Global Logistics Outsourcing Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of Industry share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2020-2026.
The objective of the research study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming six years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the research study. However, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industry for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Logistics Outsourcing Market Segmentation:
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa